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Dec 21, 2012
12/12
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only 19% trust john boehner. and in the wake of tonight's developments i would imagine those numbers would get a little worse for the speaker of the house. joining me tonight, former governor howard dean of vermont and cnbc political analyst. mr. dean, good to have you with us, governor. >> thanks, ed. >> give us in short order your commentary without question, what do you think has happened here this evening? >> well, the inside baseball of this is really a problem for the speaker. you can't -- this is something you can't do. you can't have your budget overridden, as governors know, and you can't have a major initiative like this go down when you think you have the votes and you don't. it would not entirely surprise me to see eric cantor or kevin mccarthy, who've been waiting in the wings, kind of gently stack the speaker in the back for a couple years, to make their move after the new session starts. the fiscal cliff, as you know, i believe the country would be better off if we went over the fiscal cliff. we wo
only 19% trust john boehner. and in the wake of tonight's developments i would imagine those numbers would get a little worse for the speaker of the house. joining me tonight, former governor howard dean of vermont and cnbc political analyst. mr. dean, good to have you with us, governor. >> thanks, ed. >> give us in short order your commentary without question, what do you think has happened here this evening? >> well, the inside baseball of this is really a problem for the...
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Mar 20, 2012
03/12
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speaker of the house john boehner saying today that the republica republicans will support this measure in the house of representatives. joining us live from the white house is the principal deputy white house press secretary john ernest. as always, thanks for being with us. what is white house reaction to this plan? >> steve, quite frankly i think the white house here is disappointed. this is very similar if not exactly the same as what congressman ryan proposed last year. and what republicans vowed to back last year. at the end of the day, the consequences for the budget plan that the republicans rolled out are very significant. at the end of the day what we're looking at here is a tax cut for millionaires and billionaires on the order of about $150,000. and making draconian cuts in things like education, basic research, opportunities in new sources of energy and, yes, medicare and medicaid. you know, ultimately this plan would undermine the basic promise of a secure guaranteed retirement for seniors. that's something that the president's not willing to budge on. now, the president ac
speaker of the house john boehner saying today that the republica republicans will support this measure in the house of representatives. joining us live from the white house is the principal deputy white house press secretary john ernest. as always, thanks for being with us. what is white house reaction to this plan? >> steve, quite frankly i think the white house here is disappointed. this is very similar if not exactly the same as what congressman ryan proposed last year. and what...
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Dec 13, 2012
12/12
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we could really pinpoint this to speaker john boehner speaking at 11:30 a.m. and the traders must have believed there isn't a deal and this is not baked into the cake we will have a deal before the end of the year. >> this market is all about what have you done for me lately and if you look at the chart can be considered a way it angled lower and lower after coming out of washington but hit rewind, go back to yesterday and the day before, the market reacted positively, so it shows us how sensitive the market is right now and clearly we are running out of time. tomorrow is friday. we have a full week next week but that is the last full week of the year. we're talking about the fiscal cliff running out of time, so different factors people are trying to play the end of the year trade. we're getting down to the end of things now. liz: what were they buying today, what were they selling? >> a follow-up from what we have seen in the past and what we think we will see in the future. just because regulations will be a little bit more transparent coming forward and the
we could really pinpoint this to speaker john boehner speaking at 11:30 a.m. and the traders must have believed there isn't a deal and this is not baked into the cake we will have a deal before the end of the year. >> this market is all about what have you done for me lately and if you look at the chart can be considered a way it angled lower and lower after coming out of washington but hit rewind, go back to yesterday and the day before, the market reacted positively, so it shows us how...
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Jun 12, 2012
06/12
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the headaches for john boehner -- mitch mcconnell has been very cold-blooded in his strategy in a way the john boehner has not -- it was in the house for more than the freshman tea party members, the members of the republican study committee including longtime veterans like jim jordan of ohio and mike: pants and a number of others who posed a much deeper challenge. it's part of the problem was there is a natural tendency when you have this movement emerging and people who are energized to write to that tiger and exploited as much as you can. once you have taken them past the finish line, you can call up to them. you can change the animal metaphor. if you cultivate a hungry rottweiler and it scares everybody in the neighborhood, that can be fabulous until you have to go outside. then it may not recognize to the master really is. it has been frustrating for john boehner who is a legislator and problem solver that he cannot control his troops. that is a part of what is going on here. what is also true is that the tea party people coming in as freshmen viewed themselves as different from
the headaches for john boehner -- mitch mcconnell has been very cold-blooded in his strategy in a way the john boehner has not -- it was in the house for more than the freshman tea party members, the members of the republican study committee including longtime veterans like jim jordan of ohio and mike: pants and a number of others who posed a much deeper challenge. it's part of the problem was there is a natural tendency when you have this movement emerging and people who are energized to write...
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Nov 28, 2012
11/12
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boehner meeting, house speaker john boehner actually sounded very optimistic that a deal could be reached. dave: green mountain we saw signs when they came out with earnings yesterday. is roaring ahead up 20% at one point, twenty-seven%. nicole: what an exciting day for green mountain coffee roasters. a lot of people are short this stock and beat the street and gave an outlook that was better and a winner all the way around. dave: you don't want to get caught in your shorts whatever you do. nicole: right. right. liz: we are waiting on aerospatiale, that retail expected to post earnings minutes from now. that stock with other retailers got a decent pot of 7% today but this is the american eagle outfitters. what are we expecting? nicole: the retailers are and exciting bunch. here that american eagle up 7%. we have been watching these
boehner meeting, house speaker john boehner actually sounded very optimistic that a deal could be reached. dave: green mountain we saw signs when they came out with earnings yesterday. is roaring ahead up 20% at one point, twenty-seven%. nicole: what an exciting day for green mountain coffee roasters. a lot of people are short this stock and beat the street and gave an outlook that was better and a winner all the way around. dave: you don't want to get caught in your shorts whatever you do....
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Dec 13, 2012
12/12
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now, you know, john boehner has said he's leaving tomorrow, come hell or high water. he's going back home to get red for christmas. he says, you know, there is a telephone. >> not leaving for a long weekend. >> you can negotiate over the telephone? >> can't do it. >> no credibility. can't do it. >> i'm guessing. >> you have to be in washington. >> you know what? i've been hearing some of the analysts say that is a powerful impetus to get a deal done. they don't want to be here for christmas eve, right? >> would the president negotiate from hawaii? he's supposed to go to hawaii on december 17th. >> they have telephones in hawaii, i can tell you. >> no credibility. you have to be in washington. america will not stand for that, for these guys being on vacation. >> nancy pelosi said the deadline is early next week. >> if we don't have a deal by the end of next week, no deal to go over the cliff. >> let's do the countdown. down about 54 points. >> meanwhile, michigan is becoming the 24th right-to-work state here in the country. someone here says unions are toxic for both w
now, you know, john boehner has said he's leaving tomorrow, come hell or high water. he's going back home to get red for christmas. he says, you know, there is a telephone. >> not leaving for a long weekend. >> you can negotiate over the telephone? >> can't do it. >> no credibility. can't do it. >> i'm guessing. >> you have to be in washington. >> you know what? i've been hearing some of the analysts say that is a powerful impetus to get a deal done....
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Dec 28, 2012
12/12
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john boehner obviously we know what happened last week. sifting through the wreckage of the plan "b." gone back to plan "a," a bill passed by the congress and extending tax cuts for everyone and sent to the senate. they don't expect the senate to take that. use that as a legislative vehicle and what's today? saturday. new year's eve is -- sorry. today's friday. too much holiday cheer. but come on. i mean -- >> he will be working the weekend. >> reporter: i am. oh my god. i don't want to get started on that. but anyway, you know, there's a lot at stake here. and, you know, it is late for this kind of thing to go on. and really, steve, i know you have been on board for this last several days, as well. most logical thing and perverse logic and chamber politics, any way to look at it is most logical thing is to go over and then come back to vote to cut taxes. but hey, you know, pride goeth before the fall. they could come up with a miraculous recovery. some sort of immaculate deal and may actually spur some conversations on the margins and may
john boehner obviously we know what happened last week. sifting through the wreckage of the plan "b." gone back to plan "a," a bill passed by the congress and extending tax cuts for everyone and sent to the senate. they don't expect the senate to take that. use that as a legislative vehicle and what's today? saturday. new year's eve is -- sorry. today's friday. too much holiday cheer. but come on. i mean -- >> he will be working the weekend. >> reporter: i am. oh...
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Jun 17, 2012
06/12
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the headaches for john boehner -- mitch mcconnell has been very cold-blooded in his strategy in a way the john boehner has not -- it was in the house for more than the freshman tea party members, the members of the republican study committee including longtime veterans like jim jordan of ohio and mike: pants and a number of others who posed a much deeper challenge. it's part of the problem was there is a natural tendency when you have this movement emerging and people who are energized to write to that tiger and exploited as much as you can. once you have taken them past the finish line, you can call up to them. you can change the animal metaphor. if you cultivate a hungry rottweiler and it scares everybody in the neighborhood, that can be fabulous until you have to go outside. then it may not recognize to the master really is. it has been frustrating for john boehner who is a legislator and problem solver that he cannot control his troops. that is a part of what is going on here. what is also true is that the tea party people coming in as freshmen viewed themselves as different from
the headaches for john boehner -- mitch mcconnell has been very cold-blooded in his strategy in a way the john boehner has not -- it was in the house for more than the freshman tea party members, the members of the republican study committee including longtime veterans like jim jordan of ohio and mike: pants and a number of others who posed a much deeper challenge. it's part of the problem was there is a natural tendency when you have this movement emerging and people who are energized to write...
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Jun 14, 2012
06/12
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i think it's been frustrating for a john boehner who at root is a legislator and a problem solver, that he can't control his troops, and that's a part of what's going on here. what's also true, and stu, you know this as well as anybody, having interviewed and talked to candidates who become members, the tea party people coming in as freshmen in 2010 viewed themselves as different from the 1994 class, the gingrich class. what's the difference? we share a lot of ideology, but they went washington, so if you think the 1994 gingrich republicans went washington, and they compromised and you're not going to do that, this tells you something about where we are. word or two on the occupy movement, which i think also emerged from the same roots in a similar way, but it tells you a little wit of a difference, almost the tribal difference between the two parties. the tea party movement was leaderless, emerged from the bottom up but they organized, they found candidates, they moved through and into the political process to have an impact and they did. the occupy movement has occupied. they're sitti
i think it's been frustrating for a john boehner who at root is a legislator and a problem solver, that he can't control his troops, and that's a part of what's going on here. what's also true, and stu, you know this as well as anybody, having interviewed and talked to candidates who become members, the tea party people coming in as freshmen in 2010 viewed themselves as different from the 1994 class, the gingrich class. what's the difference? we share a lot of ideology, but they went...
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Dec 21, 2012
12/12
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more now, most expect boehner will be re-elected speaker. john? >> carl cameron, thank you so much. all week we have taken a look at the problems of the government spending, more than it takes in, in depth from a variety of angles. tonight, fifth and final part of the series the cost of spending looks at solutions. here is bret baier. >> the urgency we hear about our country's fiscal situation from politicians sounds well, urgent. >> washington has got a spending problem. not a revenue problem. >> what is lacking are the revenue. >> there has to be revenue in addition to cuts. >> deficit could crush future generation. >> the nation has been unsustainable fiscal path for some time. >> the clock is ticking, we're running out of time. >> then there is that national debt clock again. always in the background. reminding both parties whatever the solution they need to happen quickly. they need to be big. because for many it's hard to get their head around how big a problem we face. experts agree they have to pay off the debt and return america to fiscally sustainable path. how much would
more now, most expect boehner will be re-elected speaker. john? >> carl cameron, thank you so much. all week we have taken a look at the problems of the government spending, more than it takes in, in depth from a variety of angles. tonight, fifth and final part of the series the cost of spending looks at solutions. here is bret baier. >> the urgency we hear about our country's fiscal situation from politicians sounds well, urgent. >> washington has got a spending problem. not...
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Dec 27, 2012
12/12
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essentially what john boehner is saying, you go first, harry reid. harry reid is trying to jam mitch mcconnell into allowing this vote to go forward without the 60-vote threshold, something that's necessary for virtually every vote here in the senate and mitch mcconnell says it's time for president obama to lead. the threshold question is, can something pass the house of representatives? can john boehner put something on the floor that needs the majority of democrat support that will not get republican support and none to speak of that would allow taxes to go up for people making more than $250,000 or 400,000 as was in the president's last offer and the answer to that question remains very, very unlikely. so we are where we are. this ain't schoolhouse rock, that's for sure. it's not like the house passes a bill, the senate passes a bill. this is a stand yau and the looks like the ultimate version of white house gridlock. >> right. and you mentioned the threshold. we have senator murkily on later today to talk about how crucial the filibuster is. i wa
essentially what john boehner is saying, you go first, harry reid. harry reid is trying to jam mitch mcconnell into allowing this vote to go forward without the 60-vote threshold, something that's necessary for virtually every vote here in the senate and mitch mcconnell says it's time for president obama to lead. the threshold question is, can something pass the house of representatives? can john boehner put something on the floor that needs the majority of democrat support that will not get...
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Nov 8, 2012
11/12
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i heard john boehner talk about that earlier today. certainly the president has consistently stressed that point. look, i feel like there is a pinprick of light here, and i know we can argue about how get there, whether it's broader base, higher rates, and clearly the president is on a different side than you guys. but that ought to be something we can sit down at the table and hammer out. >> steve moore, let me go to you on this. first of all, get your take on what president obama said. very interesting he said that. second of all you've got speaker john boehner being very conciliatory. but third of all, steve, i still don't hear anybody talking about cutting spending. i never hear about spending cuts. what's your take? >> i like the idea of the fiscal cliff. i think we should do the sequester. but i think the failure of barack obama's first term was that he tried to do everything with only democratic votes. you know, he tried to pass the -- he passed the stimulus with only democratic votes, the big health care bill with democratic vo
i heard john boehner talk about that earlier today. certainly the president has consistently stressed that point. look, i feel like there is a pinprick of light here, and i know we can argue about how get there, whether it's broader base, higher rates, and clearly the president is on a different side than you guys. but that ought to be something we can sit down at the table and hammer out. >> steve moore, let me go to you on this. first of all, get your take on what president obama said....
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Nov 7, 2012
11/12
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governor red rendell, we have john boehner and harry- reid and president barack obama and a status quo election in that sense but do you think the president will have more success to work together in the next administration? >> well i thiha there are here. number one, the fact that that's a crisis. cliff is a skri sis. debt situation overall is a crisis and creates a environment of a real opportunity to get something done. most big changes, most big changes occur when there is crisisnt is free have to worry about offending the base and saying he's for significant entitlement reform. he can lead and come to the middle saying to mitch mccnell and john boehner, look i'm for significant entitlement reform and revenues with it. let's go. if he needs and public with a plan, and the republicans torpedo that plan refusing to raise revenue, i think they're going to face political extinction in the next election the problems taken care of. governor? i'm sorry. i have to interrupt >> my congratulations to president obama and the first lady and the
governor red rendell, we have john boehner and harry- reid and president barack obama and a status quo election in that sense but do you think the president will have more success to work together in the next administration? >> well i thiha there are here. number one, the fact that that's a crisis. cliff is a skri sis. debt situation overall is a crisis and creates a environment of a real opportunity to get something done. most big changes, most big changes occur when there is crisisnt is...
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Dec 13, 2012
12/12
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so i couldn't give john boehner that vote. john boehner now has a second alternative that you have heard of. i will not be casting my vote for that bill. i cannot. i am committed to not raising the debt ceiling. >> yep, she was the front-runner in the polls back when she said that. in 2011, boehner lost 66 members of his party on the bill to raise the debt ceiling but that was then and this is no you. one republican who voted no in 2011 told "the washington post" today, quote, speaker boehner has a very hard job. i could not do his job. and i would not do his job. it's easy for mes athe lowest level of the house to criticize what others are trying to do but i'm not going to do it. . now, republican tea partyers, like republican congressman brown who wanted to lower the debt ceiling have been reduced to relevance speak at a press conference attended by five members of congress sponsored by an organization no one has heard of, teaparty.net. >> we can stop this insanity in washington without raising revenue. we need to raise taxp
so i couldn't give john boehner that vote. john boehner now has a second alternative that you have heard of. i will not be casting my vote for that bill. i cannot. i am committed to not raising the debt ceiling. >> yep, she was the front-runner in the polls back when she said that. in 2011, boehner lost 66 members of his party on the bill to raise the debt ceiling but that was then and this is no you. one republican who voted no in 2011 told "the washington post" today, quote,...
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Dec 20, 2012
12/12
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>> i think we'll find out tomorrow how many votes john boehner has for the prop proposition. if it passes it helps give leverage to obama to bail him out and get him the rest of the way there. if it doesn't maybe we'll have 150 votes, 160 votes to raise taxes just above the $1 million threshold. if he does that, it tells him and the democrats something very important about where things go from here. if he can round up a significant number of votes for plan-b, that means that maybe he can't force obama's hand, and maybe they don't get a grand bargain but maybe democrats and republicans can come together, pass a senate bill and set the threshold at 250,000, and call it a day. he doesn't know where he is really. >> eliot: to come back to what you said before, which is correct so far that the democratic party being unified party and nancy pelosi the democratic leader saying we're going to stick with the president. but there are rumblings, little voices of dissatisfaction that is saying why did you put the changed cpi if you really didn't have a deal to close with that give, there
>> i think we'll find out tomorrow how many votes john boehner has for the prop proposition. if it passes it helps give leverage to obama to bail him out and get him the rest of the way there. if it doesn't maybe we'll have 150 votes, 160 votes to raise taxes just above the $1 million threshold. if he does that, it tells him and the democrats something very important about where things go from here. if he can round up a significant number of votes for plan-b, that means that maybe he...
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Dec 21, 2012
12/12
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house speaker john boehner has scrapped the deal on plan b. boehner conceded last night he didn't have enough support from republicans to pass the bill which would raise taxes on households making more than $1 is million a year. the house is now in recess until the end of the year. the white house says the president's main priority now is to ensure taxes goes go up for 98% of americans and 97% of small businesses. for more on the tax, we're joined. talk about the cliff. you wake up to the news this morning. what do you make of it? what do you do now? >> i guess what's happening is there is more idealogical battling going on in the republican party than maybe was obvious a little while ago. our baseline view is they will strike a deal either down to the wire or early next year. growth next year will be quite weak. it has to be said that there is a tail risk that is substantial. maybe 25%, a little more than that. the idealogical battle about the future shape of the country really does drive us over part of the cliff, takes us toward the debt ce
house speaker john boehner has scrapped the deal on plan b. boehner conceded last night he didn't have enough support from republicans to pass the bill which would raise taxes on households making more than $1 is million a year. the house is now in recess until the end of the year. the white house says the president's main priority now is to ensure taxes goes go up for 98% of americans and 97% of small businesses. for more on the tax, we're joined. talk about the cliff. you wake up to the news...
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Dec 4, 2012
12/12
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john boehner's proposal includes $800 billion in revenue but doesn't specific where it comes from. barack obama has been specific in his plan and look both sides have their plans and there's going to be negotiation, will probably end up somewhere in between. i don't understand why we can't raise tax rates on the top 1% of people if we're going to get to a balanced plan. why should the middle class pay more when we have people at the top who can pay more. >> okay. your experience as cbo director and elsewhere. the argument is being made that capping deductions whatever 25,000, 50,000, is that where the itemized deductions are, it's the upper end people who will pay for that, and that produces revenues without damaging the economic incentives, the economic growth effect of tax rate incentives. now i want to ask you, objectively, is it possible that it will affect the upper end income people without affecting the tax rate. >> you can get there. the president's budget has $600 billion raised that way. what's frustrating about this is the republicans could have gone back with a specifie
john boehner's proposal includes $800 billion in revenue but doesn't specific where it comes from. barack obama has been specific in his plan and look both sides have their plans and there's going to be negotiation, will probably end up somewhere in between. i don't understand why we can't raise tax rates on the top 1% of people if we're going to get to a balanced plan. why should the middle class pay more when we have people at the top who can pay more. >> okay. your experience as cbo...
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Dec 1, 2012
12/12
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and john boehner says we're at a stalemate. and president obama himself is kind of getting ugly about this enemy's list. we've seen this before from him. my proposal is, republicans have to come with a counter offer. right now. there's no point in blasting obama. just a counter offer. i want to read from today's newspaper. this is what mitch mcconnell said. "higher medicare premiums for the wealthy, an increase in the medicare eligibility age, and a slowing of costs of living increases for programs like social security. and then republicans would agree to include more tax revenue in the deal but not from higher tax rates." now, let's just look at this for a second. we'll go to you first, nan. he wants medicare eligibility, he wants medicaid reforms, he wants spending cuts. then he'll talk revenues. that seems reasonable to me. is he going to do it? will the republicans come back with their own counter offer? >> well, certainly larry those are elements of a long-term approach to our enormous debt. it's a crushing debt. it hams o
and john boehner says we're at a stalemate. and president obama himself is kind of getting ugly about this enemy's list. we've seen this before from him. my proposal is, republicans have to come with a counter offer. right now. there's no point in blasting obama. just a counter offer. i want to read from today's newspaper. this is what mitch mcconnell said. "higher medicare premiums for the wealthy, an increase in the medicare eligibility age, and a slowing of costs of living increases for...
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Dec 21, 2012
12/12
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john boehner said okay. and then the next thing the president hears he is blowing it up because he doesn't have the votes. >> i know what he was goidoing. he wanted to go to the president and say look you're finally going to get your tax hikes on the wealthy a million dollars up. 98% still get their taxes lowered. i'm surprised he didn't count his votes before he did that. a man as experienced as he is. >> that is what is so shocking. >> if he was going to step out on the ledge you better have the votes. he walked out on the ledge, turned around, and nobody was with him. >> craig shirley had a very interesting quote in "the washington post" this morning. >> he's got this in "the washington post" saying if this was a parliamentary system tonight's dissent on plan b would be seen as a vote of no confidence in boehner. the national gop is now simply a collection of warring tribal factions. i'll add to that. a flue cnn opinion research poll has found the majority of americans believe the republican party is now
john boehner said okay. and then the next thing the president hears he is blowing it up because he doesn't have the votes. >> i know what he was goidoing. he wanted to go to the president and say look you're finally going to get your tax hikes on the wealthy a million dollars up. 98% still get their taxes lowered. i'm surprised he didn't count his votes before he did that. a man as experienced as he is. >> that is what is so shocking. >> if he was going to step out on the...
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Dec 5, 2012
12/12
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we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key guys. he can only go so far. i would guess that they're the ones holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything you say
we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key...
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Dec 18, 2012
12/12
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boehner, they are talking about that income level, house speaker john boehner requesting a million and now they are offering maybe a $400,000 deal so that has been a sticking point and for stocks around the world, they are all up and it looks like we are headed up as well. we will have the business news coming up. >> we will smile and say good morning, it is tuesday december 18, i am dave clark. >> and time now 6:30, we are tracking where a suspected dui driver hit a farenheit dan. tara moriarty has a -- with a -- hit a fire hydrant. tara moriarty has more. >> reporter: it was wet but it was about 5 inches high earlier this morning and the whole area was flooded. they shut the water off about a half hour ago. public works crews were out and let's go to a picture of what it looked like earlier this morning and police tell us the water was shotting up all the way into the air and it all started when a driver was driving and they had to shut down both sides of the road and the driver was found a short distance away. >> the driver was eventually stopped further down san hill -- sand hill r
boehner, they are talking about that income level, house speaker john boehner requesting a million and now they are offering maybe a $400,000 deal so that has been a sticking point and for stocks around the world, they are all up and it looks like we are headed up as well. we will have the business news coming up. >> we will smile and say good morning, it is tuesday december 18, i am dave clark. >> and time now 6:30, we are tracking where a suspected dui driver hit a farenheit dan....
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Dec 13, 2012
12/12
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those are the words of house speaker john boehner. harry reid, the democrats, of course, said we cannot ignore the american people on tax hikes. ron hine on why he says there is still no reason to panic on the cliff. our very own lou dobbs is not buying it. adam: our very own nicole petallides is on the new york stock exchange. where do we stand right now. right now the dow jones industrials are down nearly 60 points. the nasdaq composite is down three quarters of 1%. not a great day here. there are concerns about the fiscal cliff. we just have the deadline timeclock up again. we know that we have very accommodative fed's. let's take a look at some european markets. finance ministers have been discussing things including giving them more power. these are some of the things that they are looking at closely. we had seen europe really pushing some new recent highs. that is something that pushed us along in the last couple days. lori: a showdown in washington. sparring over a dead deal. it does not look like either party is ready to budge
those are the words of house speaker john boehner. harry reid, the democrats, of course, said we cannot ignore the american people on tax hikes. ron hine on why he says there is still no reason to panic on the cliff. our very own lou dobbs is not buying it. adam: our very own nicole petallides is on the new york stock exchange. where do we stand right now. right now the dow jones industrials are down nearly 60 points. the nasdaq composite is down three quarters of 1%. not a great day here....
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Dec 22, 2012
12/12
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i think, john boehner was right. he gave that press conference today and said, you know, people like me, it is true, i talked to congressman and they like boehner and the problem is they don't respect him enough to listen to him and they don't fear him and it is sad if you think about it. there is a structural problem that i think is sort of implicit here. the conservative base doesn't trust the republican leadership, and therefore the republican leadership is never given the leverage to compromise, and therefore the american public sees republicans as sort of stubborn and horrible p.r., but imagine being john boehner, the son of a bar keeper, a bar owner, and you want to be speaker of the house your entire career and like sam rayburn and tip o'neill and have all of that power and then you become the speaker and your own team doesn't even pass the bill that you want to pass. it has to be horrible for them. >> i heard criticism from republican members maybe they have could played it better. even after he made the deci
i think, john boehner was right. he gave that press conference today and said, you know, people like me, it is true, i talked to congressman and they like boehner and the problem is they don't respect him enough to listen to him and they don't fear him and it is sad if you think about it. there is a structural problem that i think is sort of implicit here. the conservative base doesn't trust the republican leadership, and therefore the republican leadership is never given the leverage to...
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Dec 24, 2012
12/12
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>> yeah, you know, i have always been a fan of john boehner's. i've known him for 20 years. i think he's a strong conservative. he's got a bit of a conservative revolt on his hands dagen. any time you have a high-profile issue like this and you are about to bring to it the floor and you have a revolt among your own members of your own party, that's a bad thing if you want to retain your speakership. so i think there may very well be a rebellion come january when they vote on officially on who the speaker will be. you know, eric cantor is next in line. but i'm going to predict that i think that john boehner is going to hold on despite the fact there is a mini rebellion within the republican party. dagen: great to see you steve. merry christmas. >> merry christmas. dagen: be well, safe travels. i know you are in chicago. >> i have to come back early because of the fiscal cliff. dagen: steve, thanks. >> take care, dagen. dennis: our next guest is predicting a santa rally with markets in the green the last week of the year and into early january. the chief investment strategist
>> yeah, you know, i have always been a fan of john boehner's. i've known him for 20 years. i think he's a strong conservative. he's got a bit of a conservative revolt on his hands dagen. any time you have a high-profile issue like this and you are about to bring to it the floor and you have a revolt among your own members of your own party, that's a bad thing if you want to retain your speakership. so i think there may very well be a rebellion come january when they vote on officially on...
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Dec 21, 2012
12/12
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a john boehner pregnant? >> the nation is pregnant but we don't know the gender. >> i troo i htried to make the e to you earlier that perhaps it's nancy pelosi that's pregnant because, hear me out -- >> i will. >> she's the person that sort of gains -- she gains a lot in what happened because -- >> did she gain baby weight. >> she looks better, her votes in the caucus look better. >> she's the auntie. >> she's getting the baby. >> we are trying to get something out of all of this and a good deal that will take care of us in one way or another. >> plan "b" fails, so the pregnancy was not terminated. the pregnancy will continue. >> uh-huh. >> does it? >> the pregnancy being the fiscal cliff? >> yes, you're onto something. >> i am onto something. >> was it a miscarriage if plan "b" failed? >> not a miscarriage. you're pregnant. >> still pregnant. >> but it failed. >> no, plan "b" failed from stopping the pregnancy. >> steve kornacki weigh in on this. >> wake up there. >> who is eating for two? >> i believe rober
a john boehner pregnant? >> the nation is pregnant but we don't know the gender. >> i troo i htried to make the e to you earlier that perhaps it's nancy pelosi that's pregnant because, hear me out -- >> i will. >> she's the person that sort of gains -- she gains a lot in what happened because -- >> did she gain baby weight. >> she looks better, her votes in the caucus look better. >> she's the auntie. >> she's getting the baby. >> we are...
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Feb 28, 2012
02/12
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reaction in washington from house speaker john boehner who in a news conference down-played new legislation in light of the shootings in his native ohio. he was asked whether this would prompt a legislative crackdown on gun rights and the house speaker says, let's be honest there's about 250 million guns in america, so they are out there but people should use them responsibly. let's begin with the lead story at this hour. that is politics and a key primary in michigan. the polls open from the detroit news. mitt romney was smiling as he paid a visit to his campaign headquarters on it this primary dash day but his grin disappeared after he started to talk about rick santorum. romney scored santorum over the automated phone calls urging democrats to vote against romney's in today's republican primary. we begin with some of the comments of mitt romney in michigan. >> is michigan proving a little bit more difficult than you expect? >> about ten days or ago or two weeks aago i was down 13 points in michigan. right for you it looks like too close to call. i don't think the pollster know what will
reaction in washington from house speaker john boehner who in a news conference down-played new legislation in light of the shootings in his native ohio. he was asked whether this would prompt a legislative crackdown on gun rights and the house speaker says, let's be honest there's about 250 million guns in america, so they are out there but people should use them responsibly. let's begin with the lead story at this hour. that is politics and a key primary in michigan. the polls open from the...
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Nov 14, 2012
11/12
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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Dec 22, 2012
12/12
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but just imagine being john boehner. son of a barkeeper, a bar owner, you want to be speaker of the house your entire career, you want to be like sam rayburn, tip o'neill, have all that power. then you become the speaker and your own team doesn't even pass the bill that you want to pass. it's got to be horrible for him. >> i heard criticism from republican members that maybe they could have played it better. even after he made the decision to pass plan "b," there wasn't a lot of outreach to say, what can we do, what are your concerns? there were conservative republicans who wanted some amendments to be voted on the floor, they were told no, you're not getting these amendments. this is the way it is, you follow me. and that wasn't the kind of way that tom delay, back last time republicans had a majority, when they wanted to win a vote, they would start $, two weeks out, what do we need to do? working with every member. if you're there late at night on votes, delay's serving you pizza. also he had harder measures to win ov
but just imagine being john boehner. son of a barkeeper, a bar owner, you want to be speaker of the house your entire career, you want to be like sam rayburn, tip o'neill, have all that power. then you become the speaker and your own team doesn't even pass the bill that you want to pass. it's got to be horrible for him. >> i heard criticism from republican members that maybe they could have played it better. even after he made the decision to pass plan "b," there wasn't a lot of...
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Nov 9, 2012
11/12
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john boehner has his own base. i always struck chuck last night, john boehner comes out in that interview and talks about immigration reform. watch tweeter, afterwards. steve king from iowa, john fleming from louisiana. house conservatives. i talked to staffers, they said they don't represent the house but you give them attention. when they go to twitter and tee off in the minutes after their speakers talks about immigration reform. >> steve king is already making noises about running for the tom harkin seat. is harkin retiring? we don't know for sure. that's been the long assumption. big opportunity for republicans midterm. iowa on top of the ticket. >> abs lieuly. >> already we know that there's going to be a real republican primary. mitch mcconnell and john corbin basically went about this in a placate the base, contindon't, know, disrupt this. and it failed. now, they're not getting blame and i'm surprised. >> here's the deal. in 2010 they did get involved in a lot of places. >> they tried. >> they tried. most
john boehner has his own base. i always struck chuck last night, john boehner comes out in that interview and talks about immigration reform. watch tweeter, afterwards. steve king from iowa, john fleming from louisiana. house conservatives. i talked to staffers, they said they don't represent the house but you give them attention. when they go to twitter and tee off in the minutes after their speakers talks about immigration reform. >> steve king is already making noises about running for...
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Nov 7, 2012
11/12
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i think we have seen the tea leaves of it, look at what john boehner had to say last night. no mandate for raising tax rates. senator mcconnell also, to the extent that he, barack obama, wants to move to the center we'll be there to meet him halfway so clearly obstruction is going to continue. he has to do something for us. he has to come tard us. steve told us obama governed from the middle and mcconnell wants him to move to the right to meet him? clearly, the disrespect and opposition will continue. >> i want to make a quick note in terms of historic gains for women last night in new hampshire. the democrats put forward an all-women slate. they all won and for the first time ever we have women at the gubernatorial and the congressional level. no men in the new hampshire congressional delegation. first time ever. in the senate we have whole binders full of women. previous record high number of women with 17. now we have 20 with heidi heitkamp's win. incredible stuff there. >> former governor rendell is next in the guest spot but first jon stewart. >> trickling in about the
i think we have seen the tea leaves of it, look at what john boehner had to say last night. no mandate for raising tax rates. senator mcconnell also, to the extent that he, barack obama, wants to move to the center we'll be there to meet him halfway so clearly obstruction is going to continue. he has to do something for us. he has to come tard us. steve told us obama governed from the middle and mcconnell wants him to move to the right to meet him? clearly, the disrespect and opposition will...
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Dec 21, 2012
12/12
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house speaker john boehner just left d.c. but should be returning next week. the president is speaking in moments on the topic. we're taking it live. david: you know who will take that. melissa francis who takes it from us live. melissa: we start tonight with breaking news. it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for chri
house speaker john boehner just left d.c. but should be returning next week. the president is speaking in moments on the topic. we're taking it live. david: you know who will take that. melissa francis who takes it from us live. melissa: we start tonight with breaking news. it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a...
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Mar 8, 2012
03/12
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you heard just part of that from the speaker of the house, john boehner. let's show you how it unfolded first from the democratic side of the aisle, chuck schumer, democrat from the new york at a news conference earlier today. >> by tuesday, the senate will the have passed this bipartisan two-year package creating close to 3 million jobs, many of them in the construction trades which has high unemployment and which has been the drag on our economy. in previous economies, they would lower interest rates, construction workers would start to work on building housing in particular and the economy would get going. we don't have that now and this highway bill will fill that gap. so in an election year like this one, the bipartisan senate agreement is a rare accomplishment. after the senate passes the bill on tuesday, all eyes will turn to the house. the question will again be,ing what will boehner do? earlier this week, he indicated he was open to bringing up the senate bill. then yesterday, he again tried to rally his troops in favor of chairman's original prop
you heard just part of that from the speaker of the house, john boehner. let's show you how it unfolded first from the democratic side of the aisle, chuck schumer, democrat from the new york at a news conference earlier today. >> by tuesday, the senate will the have passed this bipartisan two-year package creating close to 3 million jobs, many of them in the construction trades which has high unemployment and which has been the drag on our economy. in previous economies, they would lower...
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Nov 30, 2012
11/12
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so john boehner has wiggle room. he can look like he's the tough guy to the tea party folks who have to vote him back in as speaker. tom cole is really laying out the policy. if they wanted to shut him up, he would have been shut up. and so, where does this leave them? they're not going to play the card on the debt ceiling because that was a disaster for them. they're going to say, you know what, we tried to say the democrats were not serious about spending cuts, but they have no option. they lost the election. you know, republican voters were lied to about the state of the polls. they were lied to about the state of america. and if they want to believe that this is the only path that only spending cuts will get them to deficit reduction, they can carry on believing that or get to a place where they're going to get re-elected. >> richard, i think the president is offering a great deal to the republicans. here's why. these guys can go home 98% and say, you know what, 98% of you, i got the tax cuts. i didn't raise your
so john boehner has wiggle room. he can look like he's the tough guy to the tea party folks who have to vote him back in as speaker. tom cole is really laying out the policy. if they wanted to shut him up, he would have been shut up. and so, where does this leave them? they're not going to play the card on the debt ceiling because that was a disaster for them. they're going to say, you know what, we tried to say the democrats were not serious about spending cuts, but they have no option. they...
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neil: let me ask you many argue that speaker john boehner did causquasi blink. they have 54 days to do it. >> you hav both sides saying we need to cut spending and raise revenue, the issue is rates or reform, businesses, cannot withstand more and higher rates, we have the highest tax rates in the world for corporation, we can take all money of wealthy people. this the country that would only run the country for a few weeks. >> let's say compromise, get rid of credit, and allowances would that be tolerable to a lot of your ceo friends? >> i think that is what the ceos are saying, we are run committee for economic development. with three endorsement campaigns, everyone says fine raise more revenue, but there needs to be a plan but not through rates, then you destroy growththat is the issue, we need a pro-growth policy, only way to deal with tax reform in a way that flattens it, reduces loophole. >> i just don't see it. you are far more plugged into this stuff, than i am, i do not see the will on part of president this argued fairness. on rich paying more, and dism
neil: let me ask you many argue that speaker john boehner did causquasi blink. they have 54 days to do it. >> you hav both sides saying we need to cut spending and raise revenue, the issue is rates or reform, businesses, cannot withstand more and higher rates, we have the highest tax rates in the world for corporation, we can take all money of wealthy people. this the country that would only run the country for a few weeks. >> let's say compromise, get rid of credit, and allowances...
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Nov 8, 2012
11/12
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and that's where john boehner is refusing to start out in the negotiations. also, the person who is missing from the sound bites we just say, the video we saw was mitch mcconnell, the republican leader of the senate. he's up in 2014. he's got rand paul, a tea party guy, as his other republican senator in the state. mcconnell's worried about a challenge from the right to the point where he hired rand paul's campaign manager who was ron paul's campaign manager to be his mcconnell campaign manager coming up. so mitch mcconnell is the missing piece of the puzzle here. he's the person the president has had the least success in dealing with. they have no personal relationship whatwhatsoever, th president and john boehner played golf once or twice. boehner as a person is of a more amenable guy. the white house wants a deal, and the reason they want a deal is because of the economy. if we get tangled up here in d.c. and go over the cliff or down the gradual slope, it's not -- it's not going to be good for the economy. there are people waiting to invest. there's a wor
and that's where john boehner is refusing to start out in the negotiations. also, the person who is missing from the sound bites we just say, the video we saw was mitch mcconnell, the republican leader of the senate. he's up in 2014. he's got rand paul, a tea party guy, as his other republican senator in the state. mcconnell's worried about a challenge from the right to the point where he hired rand paul's campaign manager who was ron paul's campaign manager to be his mcconnell campaign manager...
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May 19, 2012
05/12
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is expected to hit its current debt limit in around six months and john boehner says that washington should begin getting its fiscal house in in order now. instead of waiting until the last minute. allowing america to default on its debt would be irresponsible, but it would be more irresponsible to raise the debt ceiling without taking dramatic steps to reduce and reform the process. we shouldn't should welcome it, an action forcing event in an unto that's become infamous for inaction. >> kelly: speaker of the house john boehner. joining us now are angela mcglowan and chris hahn, a former aide to senator chuck schumer. it looks like we're at deja vu all over again. >> it's not only deja vu, window so much happening and people frustrated. bottom line it, kelly, washington d.c. is broken and we should not have the partisan battles and the american people are tired of it. i think in november they're going to choice their opinion. they're tired of the blame game, tired of the partisan battles and chris, your party. >> well. >> kelly: chris. >> look, i know-- i don't know what happened to
is expected to hit its current debt limit in around six months and john boehner says that washington should begin getting its fiscal house in in order now. instead of waiting until the last minute. allowing america to default on its debt would be irresponsible, but it would be more irresponsible to raise the debt ceiling without taking dramatic steps to reduce and reform the process. we shouldn't should welcome it, an action forcing event in an unto that's become infamous for inaction. >>...
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Dec 13, 2012
12/12
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boehner is able to move on with revenue for the cuts if john boehner says okay to a deal, will you extend the tax hikes for the rich to raise the issues on medicare? >> that's one area that doesn't make any sense. why should we do something that's stupid? raising the retirement age from 65 to 67, actually, only nets $2 billion. and the other costs associated with it is, maybe it's closer to $5 billion. but the other costs associated with it, in emergency room its terms of having to subsidize medicare in the states takes us to $11 billion in costs so that doesn't make any sense. we can look at other ways of making medicare work smartly. and one of the things we have 0 do it get rid of the fee for service concept. fee for service is so old school. 80% of californians are in a managed care system. >> representative, aside from that, what else would you be willing to put on the table then that republicans are asking for right now? >> well, i think we should look at the entire federal budget and look at ways in which we can cut areas of discretionary spending. i mean, no one's talking about th
boehner is able to move on with revenue for the cuts if john boehner says okay to a deal, will you extend the tax hikes for the rich to raise the issues on medicare? >> that's one area that doesn't make any sense. why should we do something that's stupid? raising the retirement age from 65 to 67, actually, only nets $2 billion. and the other costs associated with it is, maybe it's closer to $5 billion. but the other costs associated with it, in emergency room its terms of having to...
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Dec 8, 2012
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. >>> john boehner is now >> this isn't a progress report because there is no progress to report. >> fiscal cliff negotiations. >> one-on-one right now. >> are now a party of two. >> the two most important players. >> the president and the speaker. >> president obama and house speaker john boehner. >> a two-man operation. >> there is no progress. >> we are seeing progress. >> there is a jobs report today. >> unemployment down to 7.7%. better than expected. thank you very much. >> we dropped a whole point in a year. >> there is no progress. >> members of congress are always upset. >> they are taking us to the cliff. >> the momentum is with the president. >> republicans are totally over the barrel. >> did you say over? >> they should give in to obama on the tax rate? >> nothing is over until we decide it is! >> we didn't elect them to raise rate. >> not me! >> we don't have a revenue problem. >> i'm not going to take this. >> when are you going to fight? >> let's do it! >> how is that winning? that isn't winning. >> i don't think republicans will win. >> south carolina senator jim demi
. >>> john boehner is now >> this isn't a progress report because there is no progress to report. >> fiscal cliff negotiations. >> one-on-one right now. >> are now a party of two. >> the two most important players. >> the president and the speaker. >> president obama and house speaker john boehner. >> a two-man operation. >> there is no progress. >> we are seeing progress. >> there is a jobs report today. >>...
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Apr 18, 2012
04/12
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for example, john boehner. how did things go for you trying to get in to see the speaker of the house? >> we've heard speaker boehner repeat, after continuous mass shootings in our country, that talking about mass changes to our laws would be inappropriate at this time. so during the week that begins with the fifth anniversary of virginia tech and ends with the 13th anniversary of columbine, the two probably most infamous shootings in our country's history, john boehner was unable to meet with us this week because he was too busy. so my question remains, when would be an appropriate time, mr. speaker, to talk about this? because 32 americans are killed every day. following your logic, there will never be a time to talk to us, and that's just unacceptable. >> when the virginia tech massacre happened and you felt that outpouring of sympathy nationally, did you expect we're going to be able to do something about this? >> when i learned what laws we needed to change, how simple.
for example, john boehner. how did things go for you trying to get in to see the speaker of the house? >> we've heard speaker boehner repeat, after continuous mass shootings in our country, that talking about mass changes to our laws would be inappropriate at this time. so during the week that begins with the fifth anniversary of virginia tech and ends with the 13th anniversary of columbine, the two probably most infamous shootings in our country's history, john boehner was unable to meet...
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Oct 11, 2012
10/12
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he almost negotiated such a deal with john boehner. it didn't happen. if you want to criticize obama for during the campaign, he hasn't really spelled out exactly what he's willing to do on entitlements. he did to some degree behind closed doors with john boehner by hasn't repeated some of those things in the campaign. bottom line is, i don't think we're going over the fiscal cliff. i think there is recognition of what these men are talking about. the only question is going to be do we have a configuration of leaders at the end of the year coming out of this election who can come together on both sides of what's necessary, entitlement cuts, tax increases. >> josh voback to what john hars saying, senator simpson was very frustrated, i think, and he has been before, about the grover norquist pledge that so many house republicans have signed. is that ultimately the kind of impediment to a deal that is absolutely insurmountable no matter who had's in the white house? >> that's one of many impediments. you have to think about what they're talking about is be
he almost negotiated such a deal with john boehner. it didn't happen. if you want to criticize obama for during the campaign, he hasn't really spelled out exactly what he's willing to do on entitlements. he did to some degree behind closed doors with john boehner by hasn't repeated some of those things in the campaign. bottom line is, i don't think we're going over the fiscal cliff. i think there is recognition of what these men are talking about. the only question is going to be do we have a...
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Nov 29, 2012
11/12
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house speaker, john boehner, he doesn't know how to handle this. he was forced to respond and wasn't quite sure what to say. >> i told tom earlier in our conference meeting that i disagreed with him. he is a wonderful friend of mine and a great supporter of mine. raising taxes on the so-called top 2%, half of those taxpayers are small business owners. >> actually, congressman cole agrees with the same thing. he doesn't want to raise on the top 2%. bain boehner is spinning his wheels. president obama could be pushing these guys all the way until the break. he reminded the country of the steaks stakes today. there was a sense of urgency in the president's message >>> if we get this part of it right, a lot of the other issues surrounding deficit reduction are going to be a whole lot easier. if we get this wrong, the economy is going to go south. we don't have a lot of time here. we have a few weeks to get this thing done. we could get it done tomorrow. optimistically, i don't think we are going to get it done tomorrow. >> the white house is using all
house speaker, john boehner, he doesn't know how to handle this. he was forced to respond and wasn't quite sure what to say. >> i told tom earlier in our conference meeting that i disagreed with him. he is a wonderful friend of mine and a great supporter of mine. raising taxes on the so-called top 2%, half of those taxpayers are small business owners. >> actually, congressman cole agrees with the same thing. he doesn't want to raise on the top 2%. bain boehner is spinning his...